Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The typical/expected impact on GBP pairs is medium.
There is no forecast value for Retail Sales (YoY) yet - check back for updates.
The most recent announced value for Retail Sales (YoY) was 2.5% against a forecast of 1%.
Recent economic data has been strongly bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Retail Sales (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 51.4 | 53.9 | ||
| S&P Global Manufacturing PMI | Bullish change | 50.6 | 51.6 | ||
| S&P Global Services PMI | Bullish change | 51.4 | 54.3 | ||
| Retail Sales (MoM) | Bullish change | -0.1% | 0.4% | ||
| Retail Sales ex-Fuel (MoM) | Bullish change | -0.4% | 0.3% | ||
| Retail Sales ex-Fuel (YoY) | Bullish change | 2.6% | 3.1% | ||
| GfK Consumer Confidence | Bullish change | -17 | -16 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Office for National Statistics |
| Category: | Consumption |
| Frequency: | Monthly |